Address available on request,
The Patch, VIC 3792
$2,385,000 freehold or $70,200 p.a leasehold
Key property information
"Weardale" 3 acres approx to create your own adventure!
"Weardale" was originally a guest house in the 1920's & 30's and adopted the unofficial name for the area from the 1890's. By the time the original family were ready to give up custodianship of the property in the late 1990's, there was much restoration work to do. The current owners painstakingly restored the original outbuildings in the early 2000's and reopened the property as a short stay accommodation venue as it had been 100 years before.
Although reopening as accommodation they always felt the property had great potential for many different uses. They felt that due to sheer size, the property could be "pivoted" to be successful in many different pursuits. The 4 buildings on the property are spacious and could be easily adapted.
Consider a conference centre, health retreat, artisan spaces or workshops, Gallery/ art shows, farm to fork experiences, respite care, health beauty / massage services, boutique small weddings, gardening and horticultural workshops; all with the benefit of value adding overnight or extended stay accommodation.
Even if you don't have an existing business, use the incredible beauty of the property as the catalyst for that start-up you were dreaming about during 2020.
If a business is not for you right now, but you think it could be in the future, secure your piece of the Dandenongs now. The city is moving out don't wait until it is out of reach!!!! Lease out for now and add the property to your SMSF for when you want to retire and slow down.
Please note: available as Freehold only or leasehold
Property ID: 503812682Last Updated: 24 Sep 2021